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"If you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore

Tuesday, March 19, 2013

China will have to act avert financial crisis

China will have to act avert financial crisis, Nomura saysTelegraph.co.uk“We believe China faces rising risks of a systemic financial crisis and that the government needs to take action quickly to contain such risks.“ The cautious assessment from Nomura came as China re-appointed Zhou Xiaochuan, 65, as governor of its ...Telegraph.co.uk

Financial crisis forces households to cut spending by £3000 a yearMirror.co.ukMr Lloyd said: “The squeeze on incomes and collapse in consumer confidence has led households to slash their spending during the financial crisis, with a devastating impact on the wider economy. “The longer the squeeze goes on, the longer this spending ...Mirror.co.uk

China Fills Out Economic Team With Lou as Financial Risks MountBloombergThe world's second-biggest economy faces a rising risk of a financial crisis because of excessive credit, elevated property prices, declines in the labor force and limited productivity gains, Nomura said in a report on March 15. A slowdown in “reform ...